The volume of transactions in the hotel segment increased during the first half of 2022, although the rate of investment may now slow down given the increase in financing costs and the greater international uncertainty. The scenario will likely have a negative impact on the planned divestment pipeline until 2024, which is estimated to amount to an additional 3 billion euros under normal conditions.
The latest The Hotel Property Telescope report, prepared by the strategy and transactions team at the consulting firm EY, reflects the notable improvement in hotel activity during the summer of 2022, especially in the luxury segment. However, the consultant invites investors to question the valuations of certain projects that may not adequately reflect the reality of their operations.
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